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18
THE GAZETTE OF INDIA : EXTRAORDINARY
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
NOTIFICATION
New Delhi, the 29th April, 2025
No. 40/2025
[PART II-SEC. 3(i)]
G.S.R. 271(E).- In exercise of the powers conferred by section 139 read with section 295 of
the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following
rules further to amend the Income-tax Rules, 1962, namely:-
1.
Short title and commencement. -
(1) These rules may be called the Income-tax (twelfth
Amendment) Rules, 2025.
(2) They shall come into force with effect from the 1st day of April, 2025.
2.
In the Income-tax Rules, 1962 (hereinafter referred to as the principal rules), in rule 12, -
(a) in sub-rule (1), -
(i) for the figures "2024", the figures "2025" shall be substituted;
(ii) in clause (a), in sub-clause (iii), for the words "does not have any loss under the head, "the words
"does not have any loss under the head; or" shall be substituted.
(iii) in clause (a), after sub-clause (iii), the following sub-clause shall be inserted, namely, -
"(iv) "Capital gains", where assessee has only long-term capital gains under section 112A not
exceeding one lakh twenty-five thousand rupees and does not have any brought forward loss or
loss to be carried forward under the head,"
(iv) in clause (ca), for the words, figures and letters "in the case of a person being an individual or
a Hindu undivided family, who is a resident other than not ordinarily resident, or a firm, other
than limited liability partnership firm, which is a resident deriving income under the head
"Profits or gains of business or profession" and such income is computed in accordance with
special provisions referred to in section 44AD, section 44ADA and section 44AE of the Act for
computation of such income, be in Form SUGAM (ITR-4) and be verified in the manner
indicated therein:", the words, figures and letters "in the case of a person being an individual or
a Hindu undivided family, who is a resident other than not ordinarily resident, or a firm, other
than limited liability partnership firm, which is a resident,-
['lll<l Il-"lsfll'6 3 ( i)]
19
(i) deriving income under the head "Profits or gains of business or profession" and such
income is computed in accordance with special provisions referred to in section 44AD,
section 44ADA and section 44AE of the Act for computation of such income; and;
(ii) has, "Capital gains", if any, where assessee has only long-term capital gains under section
112A not exceeding one lakh twenty-five thousand rupees,
be in Form SUGAM (ITR-4) and be verified in the manner indicated therein" shall be
substituted;
(b) in sub-rule ( 5), for the figures "2023 ", the figures "2024" shall be substituted.
3.
In the principal rules, in rule llB, after the words, figures and letters "Form No. lOBA", the
words "and furnish the same along with the return of income" shall be inserted.
4.
In the principal rules, in Appendix II,-
(a)
for FORM ITR-1, the following FORM shall be substituted, namely: -
INDIAN INCOME TAX RETURN
Assessment Year
~
[For individuals being a resident ( other than not ordinarily resident) having total income npto Rs.SO lakh and
ITR-1
having Income from Salaries, one house property, other sources (Interest etc.), long-term capital gains nuder
section 112A up to Rs. 1.25 lakh, and agricultural income np to Rs.5 thousand]
0
SAHAJ
[Not for an individual who is either Director in a company or bas invested in unlisted equity shares or in cases
2 0 2 5 2 6
~
where TDS bas been deducted u/s 194N or if income-tax is deferred on ESOP or bas assets (including financial
-
interest in any entity) located outside India]
(Re.fer instructions _for elixibility)
PART A GENERAL INFORMATION
(A2) First
(A4) Date of
(AS) Aadhaar Number (12 digits)
Name
Birth
(Al
DD ]\I ]\I y y yy
)
(A2a) Middle
PA
Name
N
(A3) Last
name
(A6)Mobile
I (A7) Email Address
Address: (A8) Flat/Door/Block No.
(A9)Name of Premises/BuildingMllage (AJ0)
No.
Road/Street/Post Office Area/Locality (All) Town/City/District
(Al2)State
(A13) Countrv
(A14) PIN code
(A15) Filed u/s (Tick)
D 139(1)-On or before due date, D139(4)-Belated, D139(5)-
(Al 7) Nature of employment-
[Please see instruction}
Revised, D119(2)(b)- After Condonation of delay
D Central Govt. D State Govt. D Public
(A16) Or Filed in response to
□ 139(9), □ 142(1), □ 148, □ 153C
Sector Undertaking D Pensioners-CG □
notice u/s
Pensioners-SG □ Pensioners-PSU □
Pensioners- Others □ Others □ Not
Aoolicable (e.g. Family Pension etc.)
(A18) If revised/defective, then enter Receipt No. and Date of filing original return
I
I I
I
I
I
(DDIMMIYYYlJ
(A19) If filed in response to notice u/s 139(9)/142(1)/148/153C or order u/s 119(2)(b)- enter Unique
I
I I
Number/Document Identification Number (DIN) & Date of such Notice or Order
(A20) Do you wish to exercise the option u/s 115BAC(6) of Opting out of new tax regime? (default is "No") D Yes D No
(A21) Are you filing return of income under Seventh proviso to section 139(1) but otherwise not required to furnish return of income? - (Tick)
D Yes D No
If yes, please furnish following information
[Note: To be filled only if a person is not required to furnish a return of income under section 139(1) but filing return of income due to
fulfilling one or more conditions mentioned in the seventh proviso to section 139(1)]
(i)
Have you incurred expenditure of an amount or aggregate of amount exceeding Rs. 2 lakhs for
travel to a foreign country for yourself or for any other person? (Yes/ No)
Amount (Rs) (If Yes)
20
THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II-SEC. 3(i)]
(ii)
Have you incurred expenditure of amount or aggregate of amount exceeding Rs. 1 lakh on
consumption of electricity during the previous year? (Yes/No)
Amount (Rs) (If Yes)
(iii)
Are you required to file a return as per other conditions prescribed under clause (iv) of seventh
proviso to section 139(1) (If yes, please select the relevant condition from the drop-down menu)
(Tick) □ Yes □ No
IPARTB GROSS TOTAL INCOME
Whole- Rupee (l) only
Bl
i Gross Salary (ia + ib + ic+id+ie)
i
a Salary as per section 17(1)
ia
b Value of perquisites as per section 17(2)
ib
c Profit in lieu of salary as per section 17(3)
ic
Income from retirement benefit account maintained in a notified
d country u/s 89A (country drop down will be provided in e-filing
id
z
utility)
0
Income from retirement benefit account maintained in a country
ie
...
e other than notified country u/s 89A
rLJ z
s::
ii Less allowances to the extent exempt u/s 10 (drop down to be provided in e-jiling utility)
ii
-
(Ensure that it is included in salary income u/s 17(1 )/17(2)/17(3))
;,.
~ iia Less: Income claimed for relief from taxation u/s 89A
iia
-<
.,;j
-<
iii Net Salary (i - ii-iia)
iii
rLJ
iv Deductions u/s 16 (iva + ivb + ivc)
iv
a Standard deduction u/s 16(ia)
iva
b Entertainment allowance u/s 16(ii)
ivb
c Professional tax u/s 16(iii)
ivc
V Income chargeable under the head 'Salaries' (iii - iv)
Bl
B2 Tick applicable option D Self-Occupied D Let Out D Deemed Let Out
i Gross rent received/ receivable/ lettable value during the year
i
ii Tax paid to local authorities
ii
;,.
iii Annual Value (i- ii)
iii
'"'
~ iv 30% of Annual Value
iv
~
II,,
Interest payable on borrowed capital (Details are to be filled in the drop down
0
V
V
~
to be provided in e-jiling utility)
II,,
~ vi Arrears/Unrealised rent received during the year less 30%
vi
rLJ
~ vii Income chargeable under the head 'House Property' (iii - iv - v) + vi (If loss, put the figure in
0 =
negative)
Note: - Maximum loss from House Property that can be set-off is INR 2, 00,000. To avail the benefit of carry
B2
forward and set of loss, please use ITR -2
Income from Other Sources (drop down like interest from saving account, deposit etc. to be provided in
B3 e-filing utility specifying nature of income and in case of dividend income and Income from retirement
B3
benefit account maintained in a notified country u/s 89A, please mention quarterly breakup for allowing
applicable relief from section 234C)
Less: Deduction u/s 57(iia) (in case of family pension only)
Less: Income claimed for relief from taxation u/s 89A
B4 Gross Total Income (B1+B2+B3) (/floss, put the figure in negative)
B4
Note: To avail the benefit of carry forward and set of loss, please use ITR -2
PART C - DEDUCTIONS AND TAXABLE TOTAL INCOME (Refer instructions for Deduction limit as per Income-tu Act)
soc
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S0CCD(l)
S0CCD(2)
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21
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Total deductions
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Total Income C2
(B4-Cl)
Exempt Income For reporting purpose and
I
Drop down to be provided in e-jiling utility mentioning nature of exempt income, relevant clause and section
Income on which no tax is payable
Income on which no tax is payable:
Long Term capital gains u/s 112A not chargeable to Income-tax
i.
Total sale consideration
ii.
Total cost of acquisition
iii.
Long term capital gains as per sec 112A
PART D- COMPUTATION OF TAX PAYABLE
D1
Tax payable on total
D2
Rebate u/s 87A
D3
Tax after Rebate
income
D4
Health and
D5
Total Tax and
D6
Relief u/s 89 (Please ensure to
education Cess @
Cess
submit Form lOE to claim this
4% onD3
relieO
D7
Interest u/s 234A
D8
Interest u/s 234B
D9
Interest u/s 234C
DlO
Fee u/s 234F
Dll
Total Tax, Fee and Interest (D5+D7+D8+D9+D10 - D6)
D12
Total Taxes Paid
D13
Amount payable
D14
Refund
(Dll-D12) (if
(Dl2-D11) (ifD12>D11)
Dll>D12)
PART E- OTHER INFORMATION
Details of all Bank Accounts held in India at any time during the previous year (excluding dormant accounts)
SI.
IFS Code of the
Name of the Bank
Account Number
Type of account
Select Account for Refund
Bank
(Dropdown to be
Credit
provided by E-filing
utility)
I
1. All bank accounts held at any time are to be reported, except dormant Ale.
2. Minimum one account should be selected for refund credit.
3. In case multiple accounts are selected, refund will be credited to one of the validated accounts decided by CPC after processing the return.
Schedule-IT Details of Advance Tax and Self-Assessment Tax payments
BSRCode
Date of Denosit fDDIMMIYYYY)
Serial Number of Challan
Taxnaid
Col (1)
Col (2)
Col (3)
Col (4)
R
I
I
I
I
I
I
I
I
I
I
I
I
I
I
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I
I
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I
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Schedule-TDS Details of TDS/TCS [As per Form 16/16A/16C/27D issued by the Deductor(s)/ Employer(s)/
TAN of
Name of the
Section under
Gross payment/ receipt which is
Year of tax
Tax
TDS/TCS credit
deductor/Collector
Deductor/
which TDSis
subject to tax deduction
deduction/
Deducted/
out of (5)
or PAN/ Aadhaar
Collector/Tenant
deducted
/collection
collection
collected
claimed this
No. of the Tenant
Year
Col (2)
Col (3a)
Col (3b)
Col (4)
Col (5)
Col (6)
Col (7)
T
T
22
THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II-SEC. 3(i)]
VERIFICATION
Stamp Receipt No., Seal, I,
son/ daughter of
solemnly declare that to the best of my knowledge and belief, the information
Date & Sign of
given in the return is correct and complete and is in accordance with the provisions of the Income-tax Act, 1961. I further declare that I am
Receiving Official
making this return in my capacity as ____ (drop down to be provided in e-filing utility) and I am also competent to make this return
and verify it. I am holding permanent account number _____ .(Please see instruction).
Signature:
Counter Signature of TRP
(b)
for FORM ITR-4, the following FORM shall be substituted, namely: -
INDIAN INCOME TAX RETURN
Assessment Year
~
[For Individuals, HUFs and Firms (other than LLP) being a resident having total income upto Rs.SO lakh
ITR-4
and having income from business and profession which is computed under sections 44AD, 44ADA or
0
44AE, and having long-term capital gains under section 112A upto Rs. 1.25 lakb]
SUGAM
[Not for an individual who is either Director in a company or has invested in unlisted equity shares or if 2 0 2 5
2 6
~
income-tax is deferred on ESOP or bas agricultural income more than Rs. 5000 or bas assets (including
-
rmancial interest in any entity) located outside India]
(Refer instructions for elirnhilitv)
PART A GENERAL INFORMATION
(Al) First Name
(A2) Middle Name
(A3) Last Name
(A4) Permanent Account
Number
I I I I I I I I I
(A5) Date of Birth/Formation (DDIMNll l' l' l' l')
I
(A6) Flat/Door/Block No.
I
I
I I
I
I
I
(A7) Name of Premises/ Building/ Village
I (AS) Road/Street/Post
(A9) Area/Locality
Office
(AlO) Town/City/District
(All) State
I (A12) Country
(A13) PIN Code/ZIP Code
(Al4) Aadhaar Number (12 digits)
(Al5) Status
Individual □
HUF
□
Firm ( other than LLP) D
I I I I I I I I I I I
I I I
I
I I I I I I I I I
(A16) Residential/Office Phone Number with STD code/ Mobile No.1
(Al 7) Mobile No. 2
(A18) Email Address-I (self)
Email Address -2
I I
I I I I I I
I
I I I I I I I I I I I I I
(A19) Nature of employment - D Central Govt. D State Govt. D Public Sector Undertaking
D Pensioners-CG D Pensioners-SG
D Pensioners-PSU D Pensioners- Others D Others D Not Annlicable (e.g. Family Pension etc.)
(A20)(a) Filed u/s (Tick)
D 139(1)-On or before due date, D 139(4)-After due date, D 139(5)-
[Please see instruction/-
Revised Return, D 119(2)(b)-After Condonation of delay
(b) Or Filed in response to notice u/s
□ 139(9) □ 142(1) □ 148 □ 153C
(A21)Ifrevised/defective then enter Receipt No. and Date of filing I
of original return (DDIMMIYYYY)
I I I I I I
I I I I
I I I I
I
I
(A22) If filed in response to notice u/s 139(9) /142(1)/148/153C or order n/s 119(2)(b)- enter Unique
I
I
Number/ Document Identification Number (DIN) & Date of such Notice or Order
['+TT<f II-~ 3(i)]
23
(A23) Have you exercised the option u/s 115BAC(6) of Opting out of new tax regime in Form 10-IEA in A Y 2024-25?
(a) D Yes (If 'Yes', please furnish date of filing and Acknowledgement number of Form 10-IEA for AY 2024-25)
Do you wish to continue to opt out of New Tax Regime for current assessment year D Yes D No
(If 'No', please furnish date of filing and Acknowledgement number of Form 10-IEA for AY 2025-26)
(b) D No (Please select 'No', even if Form lOIEA was filed after due date for AY 2024-25)
Do you wish to opt out of New Tax Regime for current assessment year D Yes D No
(If 'Yes', please furnish date of filing and Acknowledgement number of Form 10-IEA for AY 2025-26)
(c) D Not Applicable (Return was filed in ITR Form 1/ Form 2 for AY 2024-25)
Do you wish to opt out of New Tax Regime for current assessment year D Yes D No
(If 'Yes', please furnish date of filing and Acknowledgement number of Form 10-IEA for AY 2025-26)
Note- Option under section 115BAC(6) should be exercised in Form lOIEA on or before the due date for filin2 return u/s 139(1).
(A24) Are you filing return of income under Seventh proviso to section 139(1) but otherwise not required to furnish return of income?
(Not applicable in case of firm) - (Tick) □ Yes □ No
If yes, please furnish following information as provided in e-filing utility
[Note: To be filled only if a person is not required to furnish a return of income under section 139(1) but filing return of income due to
fulfillin2 one or more conditions mentioned in the seventh proviso to section 139(1)]
(i) Have you deposited amount or aggregate of amounts exceeding Rs. 1 Crore in one or more
Amount (Rs) (If Yes)
current account durin2 the previous year? (Yes/No)
(ii) Have you incurred expenditure of an amount or aggregate of amount exceeding Rs. 2 lakhs for
Amount (Rs) (If Yes)
travel to a forei2n country for yourself or for any other person? (Yes/ No)
(ili)Have you incurred expenditure of amount or aggregate of amount exceeding Rs. l lakh on
Amount (Rs) (If Yes)
consumption of electricity durin2 the previous year? (Yes/No)
(iv)Are you required to file a return as per other conditions prescribed under clause (iv) of seventh
(Tick) D Yes D No
proviso to section 139(1) (If yes, please select the relevant condition from the drop-down menu)
(A25) Whether this return is being filed by a representative assessee? (Tick) !ti
□Yes
□ No
If ves, please furnish followin2 information -
(1) Name of the representative
(2) Capacity of the representative
(3) Address of the representative
(4) Permanent Account Number (PAN)/ Aadhaar No. of the representative
PARTB GROSS TOTAL INCOME
Whole- Rupee(~) only
Bl Income from Business & Profession (NOTE-Enter value from ES of Schedule BP)
Bl
B2
i ~ross Salary (ia+ib+ic+id+ie)
i
a Salary as per section 17(1)
ia
b Value of perquisites as per section 17(2)
ib
C Profit in lieu of salary as per section 17(3)
ic
Income from retirement benefit account maintained in a notified
d country u/s 89A (country drop down will be provided in e-filing
id
utility)
z
e Income from retirement benefit account maintained in a country ie
0
other than notified country u/s 89A
...
ii less allowances to the extent exempt u/s 10 (drop down to be provided in e-jiling utility)
ii
"' z
""
[Ensure that it is included in salary income u/s 17(1)/17(2)/17(3)]
=---
iia less: Income claimed for relief from taxation u/s 89A
iia
><
iii Net Salary (i - ii-iia)
iii
~ iv Deductions u/s 16 (iva + ivb+ivc)
iv
~
a Standard deduction u/s 16(ia)
iva
"'
b Entertainment allowance u/s 16(ii)
ivb
C Professional tax u/s 16(iii)
ivc
V lncome chareeable under the head 'Salaries' (iii- iv) (NOTE-Ensure to Fill "Sch TDSJ")
B2
B3 Tick aoolicable option: Self Occupied D Let Out D Deemed Let Out D
i ~ross rent received/ receivable/ lettable value durin2 the vear
i
ii !fax paid to local authorities
ii
>< iii k\nnual Value (i - ii)
iii
""!;;
"' "" iv ~0% of Annual Value
iv
;:i =-
Oo V lnterest payable on borrowed capital (Details are to be filled in the drop down to
V
=i:ii:
~e provided in e-/Uin!! utility)
=- vi k\rrears/Unrealized Rent received durin2 the vear Less 30%
vi
vii lncome chareeable under the head 'House Property' (iii - iv - v) + vi
B3
24
THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II-SEC. 3(i)]
(Ifloss, put the figure in negative)
Note:-Maximum loss from house property that can be set-off is INR 2, 00,000. To avail the
lbenefit of carry forward and set of loss, please use ITR -3/5.
B4 Income from Other Sources drop down like interest from saving account, deposit etc. to be
B4
provided in e-filing utility specifying nature of income and in case of dividend and Income from
retirement benefit account maintained in a notified country u/s 89A, please mention quarter!;
breakup for allowing applicable relief from section 234C
NOTE- Fill "Sch TDS2" if annlicable.
Less: Deduction u/s 57(iia) (in case of family pension only)
Less: Income claimed for relief from taxation u/s 89A
BS Gross Total Income (Bl +B2+B3+B4)
BS
To avail the benefit of carry forward and set of loss, please use ITR -3/5.
PART C-DEDUCTIONS AND TAXABLE TOTAL INCOME (Refer to instructions for Deductions limits as per Income-tax Act
Cl
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(Details are to
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(Details are to
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(Details are to
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80CCD(2)
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(Details are to b, Cll
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(Details are to b, C12
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C13
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(Details to be fl/lea C14
SOGG
(Details are to be
C15
SOGGC
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C16
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C17
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C18
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per the e-filing
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C19
Total deductions (Add items Cl to Cl8b)
C19 I
C20
Taxable Total Income (BS - C19 )
C20 I
PART D-TAX COMPUTATIONS AND TAX STATUS
D1 Tax payable on total income (C20)
D1
D2 Rebate on 87 A
D2
D3 Tax payable after Rebate (D1-D2)
D3
D4 Health and Education Cess@ 4% on (D3)
D4
D5 Total Tax, and Cess ( D3+D4)
D5
D6 Relief u/s 89 (Please ensure to submit Form lOE to claim this relief)
D6
D7 Balance Tax after Relief (D5 - D6)
D7
D8 Total Interest u/s 234A
D8
D9 Total Interest u/s 234B
D9
D10 Total Interest u/s 234C
D10
['lll<T II-~ 3(i)]
25
Dll Fee u/s 234F
Dll
D12 Total Tax, Fee and Interest (D7+ DS + D9 + DlO + Dll)
D12
D13 Total Advance Tax Paid
D13
D14 Total Self-Assessment Tax Paid
D14
D15 Total TDS Claimed (total of column 4 ofSchedule-TDSJ and, column 6 ofSchedule-TDS2)
D15
D16 Total TCS Collected (total of column (5) ofSchedule-TCS)
D16
D17 Total Taxes Paid (D13+ Dl4 + Dl5 + Dl6)
D17
D18 Amount payable (Dl2-Dl7, IfD12 > Dl7)
D18
D19 Refund (D17-D12, IfD17 > D12)
D19
D20 Exempt income only for reporting purposes (If agricultural income is more than Rs. 5,000/-, use
D20
ITR 3/5) and Income on which no tax is payable
(Drop down to be provided in e-jiling utility mentioning nature of exempt income, relevant clause and section)
D21 Income on which no tax is payable:
Long Term capital gains under section 112A not chargeable to Income-tax
i.
Total sale consideration
ii.
Total cost of acquisition
iii.
Long term capital gains as per section 112A
D21 Details of all Bank Accounts held in India at any time during the previous year (excluding dormant accounts)
E--
SI.
IFS Code of the Bank
Name of the Bank
Account Number
Type of bank account
Select Account for
z
~
(Dropdown to be provided by E-
Refund Credit
0
filing utility)
u u <
~
z
i
<
~
ii
1. All bank acconnts held at any time are to be reported, except dormant Ale.
2. Minimum one account should be selected for refund credit.
3. In case multiple accounts are selected, refund will be credited to one of the validated accounts decided by CPC after processing the return.
SCHEDULE BP - DETAILS OF INCOME FROM BUSINESS OR PROFESSION
COMPUTATION OF PRESUMPTIVE BUSINESS INCOME UNDER SECTION 44AD
s.
Name of Business
Business code
Description
No.
(i)
El
Gross Turnover or Gross Receipts (El limited to Rs.2 Crores, however if [Elb+ Elc] is less than or
equal to 5% of El then the limit under El is extended to Rs.3 Crores.)
a
Through ale payee cheque or ale payee bank draft or bank electronic clearing system received or
Ela
prescribed electronic modes received before specified date
b
Receipts in Cash
Elb
C
Any mode other than a and b
Elc
E2
Presumptive Income under section 44AD
a
6% of Ela or the amount claimed to have been earned, whichever is hi2her
E2a
b
8% of (Elb+Elc) or the amount claimed to have been earned, whichever is higher
E2b
C
Total (a+ b)
E2c
NOTE-If Income is less than the above percentage of Gross Receipts, it is mandatory to have a tax audit under
44AB & other ITR as applicable has to be filed
COMPUTATION OF PRESUMPTIVE INCOME FROM PROFESSIONS UNDER SECTION 44ADA
s.
Name of Business
Business code
Description
No.
(i)
26
THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II-SEC. 3(i)]
E3
Gross Receipts (E3 limited to Rs.SO Lakhs, however if [E3b + E3c] is less than or equal to 5% ofE3
E3
then limit under E3 is extended to Rs.75 Lakhs.)
a
Through a/c payee cheque or a/c payee bank draft or bank electronic clearing system received
E3a
or prescribed electronic modes received before specified date
b
Receipts in Cash
E3b
C
Any mode other than a and b
E3c
E4
Presumptive Income under section 44ADA (50% of E3) or the amount claimed to have been earned, whichever is
E4
higher
NOTE-If Income is less than 50% of Gross Receipts, itis mandatory to have a tax audit under 44AB & other ITR
as applicable has to be filed
COMPUTATION OF PRESUMPTIVE INCOME FROM GOODS CARRIAGES UNDER SECTION 44AE
s.
Name of Business
Business code
Description
No.
(i)
Registration
Whether
Tonnage ca)!aci!l'. of
Number of months for which Presum)!tive income u/s
No. of goods
owned/ leased/
goods carriage
goods carriage was owned/ 44AE
for
the
goods
carriage
hired
(in MT)
leased/hired by assessee
carriage
(Com)!uted (iv, Rs.1000 J!er
ton )!Cr month in case
tonnage exceeds 12MT, or
else (iv, Rs.7500 J!er month}
or the amount claimed to
have been actually earned,
whichever is hil!her
(i)
(1)
(2)
(3)
(4)
(5)
(a)
(b)
Add row options as necessary (At any time during the year the number of vehicles should not exceed 10 vehicles)
'
ES
Presumptive Income from Goods Carriage under section 44AE [total of column (5)]
ES
NOTE-If the profits are lower than prescribed under section 44AE or the number of Vehicles owned at any time
exceed 10 then other ITR, as applicable, has to be filed
E6
Salary and interest paid to the partners
E6
NOTE - This is to be filled up only by firms
E7
Presumptive Income u/s 44AE (E5-E6)
E7
ES
Income charl!eable under the head 'Business or Profession' (E2c+E4+E7)
ES
INFORMATION REGARDING TURNOVER/GROSS RECEIPT REPORTED FOR GST
Note - Please furnish the information below for each GSTIN No. separately
E9
GSTIN No(s).
E9
ElO
Annual value of outward suoolies as per the GST returns filed
ElO
FINANCIAL PARTICULARS OF THE BUSINESS
Note--For Ell to E25 furnish the information as on 31st day of March, 2025
Ell
Partners/ Members own capital
Ell
E12
Secured loans
E12
E13
Unsecured loans
E13
E14
Advances
E14
E15
Sundry creditors
E15
E16
Other liabilities
E16
E17
Total capital and liabilities (Ell+E12+E13+E14+E15+E16)
E17
ElS
Fixed assets
ElS
E19
Inventories
E19
E20
Sundry debtors
E20
E21
Balance with banks
E21
E22
Cash-in-hand
E22
E23
Loans and advances
E23
E24
Other assets
E24
E25
Total assets (ElS+E19+E20+E21 +E22+E23+E24)
E25
'"'-'tlJ r a ;;aPlease refer to instructions for filling out this schedule (El5, E19, E20, E22 are mandatory and others if available)
['lll<T II-~ 3(i)]
27
SCHEDULE IT DETAILS OF ADVANCE TAX AND SELF ASSESSMENT TAX PAYMENTS
BSRCode
Date of Deposit (DDIMMIYYYY)
ChallanNo.
Tax paid
Col (1)
Col (2)
Col (3)
Col (4)
Rl
R2
R3
.... , ...
~
Enter the totals of Advance tax and Self-Assessment tax in D 13 & D 14
I Schedule TCS Details of Tax Collected at Source [As per Form 27D issued by the Collector(s)]
SI
Tax Collection Account
Name of the Collector
Details of amount paid as
Tax Collected
Amount out of (4) being
No
Number of the Collector
mentioned in Form 26AS
claimed
(1)
Col (1)
Col (2)
Col (3)
Col (4)
Col (5)
I
Ii
J1,.'fl•u• :::a Please enter total of column (5) ofSchedule-TCS in Dl6
SCHEDULE TDS-1 DETAILS OF TAX DEDUCTED AT SOURCE FROM SALARY
[As per Form 16 issued by Employer(s)]
TAN
Name of the Employer
Income under Salary
Tax deducted
Col (1)
Col (2)
Col (3)
Col (4)
Sl
S2
S3
.... ,
Enter the total of column 4 ofSchedule-TDSl and column 6 ofSchedule-TDS2 in Dl5
SCHEDULE TDS-2 DETAILS OF TAX DEDUCTED AT SOURCE ON INCOME OTHER THAN SALARY
[As per Form 16 A issued or Form 16C or Form 16D furnished by Deductor(s)l
SI.
TAN Section
TDS of the
TDS credit being claimed this
Corresponding Receipt/
TDS
No.
ofthe under
Unclaimed TDS brought forward
current Fin.
Year ( only if corresponding
withdrawals offered
credit
Deduct which
(bit)
Year
receipt is being offered for tax
being
or/
TDS
is
this year, not applicable if
carried
PAN/ deducte
TDS is deducted u/s 194N)
forward
Aadha d
arNo.
of
Tenant
Fin. Year in which
TDS b/f
TDS Deducted
TDS Claimed
Gross Amount
Head of
deducted
Income
(1)
(2a)
(2b)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
i
ii
~nter the total of column 6 of Schedule TDS2 and column 4 of Schedule-TDSl in D 15
28
THE GAZETTE OF INDIA : EXTRAORDINARY
[PART II-SEC. 3(i)]
VERIFICATION
I, __________________ son/ daughter of ______________ solemnly
declare that to the best ofmy knowledge and belief, the information given in the return is correct and complete and is in accordance
with the provisions of the Income-tax Act, 1961. I further declare that I am making returns in my capacity as _____ (drop down
to be provided in e1iling utility) and I am also competent to make this return and verify it. I am holding permanent account number
. (Please see instruction)
Place:
Signature here ~
Date:
If the return has been prepared by a Tax Return Preparer (TRP) give further details as below:
NameofTRP
Amount to be paid to TRP".
Counter Signature of TRP
[F. No. 370142/3/2025-TPL]
SURBENDU THAKUR, Under Secy., Tax Policy and Legislation
Note:-The principal rules were published in the Gazette oflndia, Extraordinary, Part II, Section 3, Sub-
Section (ii) vide notification number S.O. 969 (E), dated the 26th March, 1962 and was last
amended vide notification number G.S.R. 252(E), dated the 22nd April, 2025.
Explanatory Memorandum: - It is hereby certified that no person shall be adversely affected by giving
retrospective effect to these rules.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054. :;,~~r~~~M•• :iE;;E:;~:;::w
